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Transcript: A Roth Solo401k offers similar benefits to a Solo401k, including loan option and flexible investment options. The difference is that, with a Roth Solo401k, the income tax is paid up front and the contribution made after tax. Then, the funds can be invested tax-free. There will be no tax on the gains or the […]

Transcript: Unlike an IRA account, there is no custodian required for a Solo401k. Plan participants can choose to act as the trustee of the plan and assume full control over their retirement funds. Solo401k with Checkbook Control allows you to complete transactions as easily as writing a check. Checkbook control offers a few benefits: You […]

Transcript: A truly self-directed Solo401k comes with loan provision. This means borrowing from the account is allowed. You can borrow up to $50,000, or 50% of the total account value, whichever is less. The loan is tax and penalty free, as long as you make payments according to the loan policy. Typically, loan will have […]